New Hampshire Statutes
§ 293-A:7
New Hampshire § 293-A:7
JurisdictionNew Hampshire
Title XXVIICORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
Ch. 293-ANEW HAMPSHIRE BUSINESS CORPORATION ACT
SubdivisionSubchapterD. Derivative Proceedings
This text of New Hampshire § 293-A:7 is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 293-A:7 (2026).
Text
A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.
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Legislative History
2013, 142:1, eff. Jan. 1, 2014.
Nearby Sections
15
§ 293-A:1
§ 293-A:1§ 293-A:10
§ 293-A:10§ 293-A:11
§ 293-A:11§ 293-A:12
§ 293-A:12§ 293-A:13
§ 293-A:13§ 293-A:14
§ 293-A:14§ 293-A:15
§ 293-A:15§ 293-A:16
§ 293-A:16§ 293-A:17
§ 293-A:17§ 293-A:2
§ 293-A:2§ 293-A:3
§ 293-A:3§ 293-A:4
§ 293-A:4§ 293-A:5
§ 293-A:5§ 293-A:6
§ 293-A:6§ 293-A:7
§ 293-A:7Cite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 293-A:7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/293-A/293-A%3A7.